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Agricultural Chelates Market: Rising Opportunities, Challenges, Key Players and Growth by 2029
Agricultural Chelates Market
What Is The Projected Market Size Of The Global Agricultural Chelates Market And Its Growth Rate?
• The agricultural chelates market has grown impressively in recent years, increasing from $1.22 billion in 2024 to $1.32 billion in 2025 at a CAGR of 7.6%.
• The agricultural chelates market is expected to witness strong growth in the future, predicted to expand to $1.78 billion in 2029 at a CAGR of 7.8%.
• Both historic and forecasted growth can be attributed to factors such as expansion of organic farming, climate change challenges, increasing investments in agtech among others.
What Is Driving The Growth In The Agricultural Chelates Market?
The growth in farm production expenditure is a prime factor driving the growth of the agriculture chelates market. Farm production expenditure refers to the total amount spent by farms on various inputs and expenditures related to agricultural production. Agricultural chelates, chemical compounds used in agriculture, help to improve the availability and uptake of essential minerals by plants. For instance, according to the United States Department of Agriculture, U.S. farms spent $195.5 billion on crop farms in 2022. Thus, the rise in farm production expenditure is fostering the agriculture chelates market growth.
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Who Are the Key Players Driving Agricultural Chelates Market Growth?
• Yara International ASA
• Haifa Group
• Nouryon Holding B.V.
• BASF SE
• The Andersons Inc.
• Dow Inc.
• Nufarm Limited
• ICL Group Ltd.
• Syngenta Group Co. Ltd.
• Aries Agro Limited
• Akzo Nobel N.V.
• Valagro S.p.A.
• Deretil Agronutritional S.L.
• ATP Nutrition Ltd.
• Manvert S.L.
• BMS-Micronutrients NV
• Mitsubishi Chemical Corporation
• Innospec Inc.
• Shandong Iro Chelating Chemical Co. Ltd
• Ava Chemicals Private Limited
What Are The Key Trends In The Agricultural Chelates Market?
• Technological innovations in chelate formulations
• Technological advancements in agriculture
• Rising adoption of precision agriculture
• Increased use of micronutrients in crop production
• Technological advancements in chelate production
What Are The Segments Of The Global Agricultural Chelates Market?
1) By Type: EDTA, EDDHA, DTPA, IDHA, Other Types
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And Vegetable, Other Crop Types
3) By Application: Soil, Foliar, Hydroponics, Other Applications
Which Region Leads The Agricultural Chelates Market?
In 2024, Asia-Pacific was the largest region in the agricultural chelates market. Europe is expected to be the fastest-growing region during the forecast period. The regions covered in the agricultural chelates market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Agricultural Chelates Market Global Market Report?
- Market Size Analysis: Analyze the Agricultural Chelates Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Agricultural Chelates Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Agricultural Chelates Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Agricultural Chelates Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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